MAREXI Marine Technology Company Profile

Background

MAREXI Marine Technology Co. is a Spanish enterprise founded in 2004 in Vigo, Spain. The company specializes in providing technological solutions for the fisheries, aquaculture, food, and environmental sectors.

Mission: To deliver value through technological development, execution of innovation projects, and research activities, resulting in new marketable products.

Vision: To be an international reference in the development of new technologies for the sectors in which they operate.

Key Strategic Focus

MAREXI's strategic focus encompasses:

Technological Solutions: Developing and implementing advanced technologies tailored for the fishing, aquaculture, food processing, and environmental monitoring industries.

Artificial Vision and Intelligence: Pioneering the application of artificial vision and artificial intelligence in industrial processes to enhance efficiency and product quality.

Product Development: Designing, manufacturing, and commercializing proprietary products, allowing for customization and expedited service delivery to clients.

Financials and Funding

MAREXI has received recognition and support from various institutions:

Innovative SME Certification: Awarded by the Ministry of Economy, Industry, and Competitiveness.

Technology-Based Employment Initiative (I.E.B.T.): Qualified by the Xunta de Galicia.

Funding: Supported by Enisa, a public company that provides financing to small and medium-sized enterprises.

Pipeline Development

MAREXI has developed a range of innovative products, including:

TUNASCAN®: A high-speed vision system capable of scanning and classifying up to 20 tons of frozen tuna per hour by species, size, and quality, achieving accuracy rates approaching 100%.

SCANISAKIS®: A compact device that enables real-time detection of the Anisakis parasite in fish pieces using high-resolution optical scanning and advanced image processing.

TEDEPAD®: A system designed to eliminate 100% of parasites present in fish viscera generated onboard fishing vessels during standard evisceration processes.

AQUADEF®: An automatic system for detecting and separating fry with malformations in aquaculture, optimizing resource management.

PINGER®: An acoustic device developed to prevent accidental capture of marine mammals in fishing gear by emitting pulses that alter the animals' echolocation.

Technological Platform and Innovation

MAREXI distinguishes itself through its proprietary technologies and innovative methodologies:

Artificial Vision: Utilizing advanced optical sensors and techniques such as hyperspectral imaging and optical profilometry to provide automatic inspection and analysis for various industrial applications.

Artificial Intelligence: Implementing AI algorithms to enhance machine vision systems, enabling tasks like species classification, weight estimation, disease detection, and quality assessment in marine products.

Leadership Team

MAREXI's leadership comprises a multidisciplinary team of technologists, engineers, physicists, mathematicians, and biologists. The company was founded by technologist Joaquín Gracia and scientist Iñaki Miniño, who have been instrumental in driving the company's innovation and growth.

Competitor Profile

Market Insights and Dynamics

The marine technology sector is experiencing significant growth, driven by increasing demand for sustainable fishing practices, efficient aquaculture operations, and advanced food processing technologies. Innovations in artificial intelligence and machine vision are transforming traditional processes, enhancing productivity, and ensuring product quality.

Competitor Analysis

Key competitors in the marine technology industry include:

Cognex Corporation: Specializes in machine vision systems and industrial barcode readers, serving various industries, including food and beverage.

Sea Machines Robotics: Develops autonomous control systems for marine vessels, focusing on enhancing operational efficiency and safety.

P&P Optica: Offers hyperspectral imaging solutions for food processing, enabling real-time quality control and contaminant detection.

Strategic Collaborations and Partnerships

MAREXI has established partnerships to enhance its market position and innovation capacity:

Industrias Ferri: Collaborates on the manufacture, installation, and maintenance of TEDEPAD® equipment, leveraging Ferri's expertise in high-quality deck equipment for vessels.

Operational Insights

MAREXI's strategic considerations include:

Customization and Rapid Service: By designing, manufacturing, and commercializing its products, MAREXI offers tailored solutions and expedited service to clients.

International Standards Compliance: Agreements with international leaders in the industrial machinery sector ensure that MAREXI's products meet global standards.

Strategic Opportunities and Future Directions

MAREXI's strategic roadmap focuses on:

Expanding Product Portfolio: Continuously developing innovative solutions to address emerging challenges in the marine and food processing industries.

Global Market Penetration: Strengthening international presence by forming strategic alliances and adapting products to meet diverse market needs.